| TSM latest price $102.8000 (2.86%) ($102.2500 - $104.6800) on Fri. Jun. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.27% (three month average) |
RSI | 70 |
Latest Price | $102.8000(2.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.8% a day on average for past five trading days. |
Weekly Trend | TSM advances 3.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) SMH(81%) FIVG(68%) QQQ(68%) VUG(66%) IVW(65%) |
Factors Impacting TSM price | TSM will decline at least -1.135% in a week (0% probabilities). VXX(-43%) VIXM(-40%) UUP(-22%) TBT(-16%) BLOK(-14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.135% (StdDev 2.27%) |
Hourly BBV | 0.9 () |
Intraday Trend | -0.2% |
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